The Urban Land Institute New York (ULI NY) announced this week the 2018 final nominees for the Awards for Excellence in Development, a statewide competition that honors responsible land use and development practices. Among the 19 finalists are seven Brooklyn developments including the affordable housing development Camba Gardens, Fort Greene’s 300 Ashland and the gigantic mixed-use space City Point.
From Buffalo to Brooklyn, our 2018 finalists represent the best in industry standards, said Marty Burger, chairman of ULI New York. I am delighted to announce the final 19 nominees who are the driving force behind New Yorks most innovative, transformative and responsible land use projects.
The annual Excellence in Development Awards recognize New Yorks real estate leaders who demonstrate a strong commitment to planning, design, sustainability and resilience, market success and community impact. Awards categories include market-rate and affordable housing, office, mixed-use, institutional, civic space, repositioning or redevelopment, hotel and retail. Seven Brooklyn developers and development projects are among the 19 total finalists.
In the category Excellence in Housing Development – Market-Rate Housing, One John Street, a 130,000-square-foot residential development transformed from a vacant lot along the Dumbo waterfront, competes against Fort Greenes 300 Ashland, the cultural hub and residential development that includes a 32-story residential tower and a public plaza. East Flatbush’s Camba Gardens was named a finalist in the category Excellence in Housing Development – Affordable Housing. The development was chosen as a model for public-private partnerships between a public hospital, nonprofit community-based affordable housing developer and a social service provider to facilitate tenant and community health and economic stability. Camba Gardens is competing against 461 Dean Street in Prospect Heights.
City Point, the 1.9-million-square-foot mixed-use development with a 700,000-square-foot retail center, creative office space and three residential towers with over 1,000 residential units, was named a finalist for Excellence in Retail Development. The eco-conscious 1 Hotel Brooklyn Bridge & Pierhouse at Brooklyn Bridge Park is competing against Manhattans Four Seasons in Excellence in Hotel Development. And last, but not least: Empire Stores, a former 19th-century coffee warehouse reimagined as a creative workplace and community hub that features retail, dining, public space and exhibition galleries in Brooklyn Bridge Park, was picked for the category Excellence in Repositioning or Redevelopment.
In September, ULI NY, which works to promote responsible use of land and the creation of sustainable communities through open exchange of ideas, information and experience, invited the development community from all across the state to submit their projects for consideration.
The awards jury, consisting of New York developers, architects, urban planners, construction managers, lenders and investors, will analyze each finalists project to determine how well it exemplifies the principles of ULI and the awards criteria. The winners will be announced at the Awards for Excellence Gala at Gotham Hall in NYC on April 10, 2018.
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